Bolivia - Strengthening Competitiveness for Export Diversification and Inclusive Growth
In this context, a recent World Bank report investigates how Bolivia can achieve greater diversification in the nontraditional sectors through higher compositeness. The report identifies the main constraints with an emphasis on transport and logist...
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| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2008/07/10133637/bolivia-strengthening-competitiveness-export-diversification-inclusive-growth http://hdl.handle.net/10986/10276 |
| Summary: | In this context, a recent World Bank
report investigates how Bolivia can achieve greater
diversification in the nontraditional sectors through higher
compositeness. The report identifies the main constraints
with an emphasis on transport and logistics, paramount for a
landlocked country. The report analyses how Bolivia's
opening to foreign trade since the mid 1980s has affected
economic growth, employment, and poverty. The analysis
further assesses the role of Bolivia's current
preferential trade agreements on those key economic
indicators. Rapidly rising inflation poses a threat to the
competitiveness of Bolivian exporters. Inflation climbed to
12 percent at end-2007, up from 5 percent in 2006,
increasing the price of Bolivian exports. The higher
inflation is the result of such variables as the global rise
in food prices, a slow supply response attributable to low
private investment, increased aggregate demand fueled by
remit tends to under-export relative to other countries. |
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